Market Research Reports

Salicylic Acid Market for Pharmaceutical, Skin care, Hair care and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019

69pages
Published Date: 2013-09-26
 

Description



Salicylic acid is a beta hydroxyl acid, found naturally in the bark of the willow tree. Commercially, salicylic acid is produced by the Kolbe–Schmitt reaction involving phenol and sulphuric acid. It is used as a pain killer and in the treatment of fever, cough, cold and skin diseases such as psoriasis, acne and dandruff. Rising awareness regarding healthy skin and hair is expected to drive the global skincare and haircare market, which in turn is expected to drive the growth of salicylic acid market. 

In addition, growing demand for aspirin is expected to be another factor vital to the growth of the market, as salicylic acid forms a key ingredient of aspirin. However, growing consumer concern regarding the side-effects of salicylic acid is expected to hamper the growth of the market. Research proving the positive impact of aspirin on life-threatening diseases such as dementia, strokes and Hughes Syndrome are expected to open new opportunities for the growth of the market over the next few years.

The report comprises of forecast and analysis for the salicylic acid market on a global and regional level. The demand has been forecast based on volumes (tons) and revenue (USD million) for the period ranging from 2013 to 2019. The study includes the drivers and restraints for the salicylic acid market along with the impact they have on the demand over the forecast period. In addition, the report includes the study of the opportunities available in the market on a global and regional level. 

To give the users of this report a holistic view on the market, we have included a detailed analysis of the value chain. To understand the intensity of competition in the market, an analysis of the Porter’s five forces model for the market has also been included. The study comprises of a market attractiveness analysis, wherein the applications are benchmarked based on their market scope, growth rate and general attractiveness.

The study provides a conclusive view on the salicylic acid market by segmenting the market based on its applications. Applications primarily include pharmaceuticals, skin care, hair care and other niche applications such as food, chemicals and fragrances, etc. All the application segments have been analyzed based on present and future trends and the market is estimated from 2013 to 2019. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of World (RoW). Application segments have been analyzed and forecast for each region for a time period ranging from 2013 to 2019, based on volumes (tons) and revenue (USD million).

The report covers company profiles of the major participants operating in the global market. Major players profiled in the report include Alta Laboratories, Alfa Aesar, Novacap and Simco Chemicals among others. The company profiles include attributes such as company overview, financial overview, product portfolio, business strategy, SWOT analysis and recent developments.

For this report, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders coupled with extensive secondary research. The sources refered for secondary research include ICIS, Personalcaremagazine, Journal of Biotechnology, Company Annual Reports, etc. We have used the bottom up approach to arrive at the global market considering individual application segments and integrating them to arrive at the global market. The applications have been further bifurcated using top down approach to derive the regional product market consumption. The study covers the salicylic acid market taking into account the sales of registered companies in the market. We have not included the unorganized sectors of the market owing lack of authentic data. We have considered overall manufacturing capacities of manufacturers which includes captive consumption for production of acetylsalicylic acid (aspirin) and outright sale of salicylic acid.

This report segments the global salicylic market as follows:
  • Salicylic Acid Market: Application Analysis
    • Pharmaceuticals
    • Skincare
    • Haircare
    • Others (food, chemicals and fragrances)
  • Salicylic Acid Market: Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Table of Contents


Table of Content

Chapter 1 Preface
1.1 Research description
1.2 Market segmentation
      1.2.1 Global salicylic acid market segmentation
1.3 Research scope and methodology
      1.3.1  Assumptions
1.4 Abbreviations

Chapter 2 Executive Summary
2.1 Global demand for salicylic acid, 2013 – 2019 (Tons) (USD Million)
2.2 Salicylic acid: Market snapshot (2012 and 2019)

Chapter 3 Salicylic Acid: Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Increasing skincare and hair care applications augmenting demand for salicylic acid
      3.3.2 Growing demand for aspirin 
3.4 Market restraints
      3.4.1 Growing concerns regarding salicylic acid side-effects
3.5 Market opportunities
      3.5.1 Research studies proving the effectiveness of aspirin on life-threatening diseases
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of new entrants
      3.6.4 Threat of substitutes
      3.6.5 Degree of competition
3.7 Salicylic acid: Market attractiveness analysis

Chapter 4 Salicylic Acid Market: Application Analysis
4.1 Global salicylic acid market: Application overview
      4.1.1 Global salicylic acid market volume share, by application, 2012 and 2019
4.2 Salicylic acid market, by application
      4.2.1 Pharmaceutical
               4.2.1.1 Global salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
      4.2.2 Skincare
               4.2.2.1 Global salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
      4.2.3 Haircare
              4.2.3.1 Global salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
      4.2.4 Others
              4.2.4.1 Global salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)

Chapter 5 Salicylic Acid Market: Regional Analysis
5.1 Global salicylic acid market: Regional overview
      5.1.1 Global salicylic acid market volume share, by region, 2012 and 2019
5.2 North America
      5.2.1 North America salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
      5.2.2 North America salicylic acid demand, by application, 2012 – 2019 (Tons) (USD Million)
              5.2.2.1 North America salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
              5.2.2.2 North America salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
              5.2.2.3 North America salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
              5.2.2.4 North America salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
5.3 Europe
      5.3.1 Europe salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
     5.3.2 Europe salicylic acid demand, by application, 2012 – 2019 (Tons) (USD Million)
              5.3.2.1 Europe salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
              5.3.2.2 Europe salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
              5.3.2.3 Europe salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
              5.3.2.4 Europe salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
5.4 Asia Pacific
      5.4.1 Asia Pacific salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
      5.4.2 Asia Pacific salicylic acid demand, by application, 2012 – 2019 (Tons) (USD Million)
              5.4.2.1 Asia Pacific salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
              5.4.2.2 Asia Pacific salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
              5.4.2.3 Asia Pacific salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
              5.4.2.4 Asia Pacific salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
5.5 Rest of the World
      5.5.1 RoW salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
      5.5.2 RoW salicylic acid demand, by application, 2012 – 2019 (Tons) (USD Million)
              5.5.2.1 RoW salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
              5.5.2.2 RoW salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
              5.5.2.3 RoW salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
              5.5.2.4 RoW salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)

Chapter 6 Company Profiles
6.1 Alfa Aesar
      6.1.1 Company overview
      6.1.2 Product portfolio
      6.1.3 Financial overview
      6.1.4 Business strategy
      6.1.5 SWOT analysis
      6.1.6 Recent developments
6.2 Alta Laboratories Limited
      6.2.1 Company overview
      6.2.2 Product portfolio
      6.2.3 Business strategy
      6.2.4 SWOT analysis
6.3 J.M. Loveridge Limited
      6.3.1 Company overview
      6.3.2 Product portfolio
      6.3.3 Business strategy
      6.3.4 SWOT analysis
6.4 Novacap
      6.4.1 Company overview
      6.4.2 Product portfolio
      6.4.3 Financial overview
      6.4.4 Business strategy
      6.4.5 SWOT analysis
      6.4.6 Recent developments
6.5 Siddharth Carbochem Products Ltd.
      6.5.1 Company overview
      6.5.2 Product portfolio
      6.5.3 Business strategy
      6.5.4 SWOT analysis
6.6 Simco Chemicals Inc.
      6.6.1 Company overview
      6.6.2 Product portfolio
      6.6.3 Business strategy
      6.6.4 SWOT analysis
6.7 Zhenjiang Gaopeng Pharmaceutical Co. Ltd.
      6.7.1 Company overview
      6.7.2 Product portfolio
      6.7.3 Business strategy
      6.7.4 SWOT analysis

List of Figures 

FIG. 1 Global salicylic acid market segmentation
FIG. 2 Global demand for salicylic acid, 2013 – 2019 (Tons) (USD Million)
FIG. 3 Salicylic acid: Value chain analysis
FIG. 4 Growth of global skincare and hair care market, estimate and forecast, 2011 – 2018 (USD billion)
FIG. 5 Porter’s five force analysis
FIG. 6 Salicylic acid: Market attractiveness analysis (2012)
FIG. 7 Global salicylic acid market volume share, by application, 2012 and 2019
FIG. 8 Global salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
FIG. 9 Global salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
FIG. 10 Global salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
FIG. 11 Global salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
FIG. 12 Global salicylic acid market volume share, by region, 2012 and 2019
FIG. 13 North America salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
FIG. 14 North America salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
FIG. 15 North America salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
FIG. 16 North America salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
FIG. 17 North America salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
FIG. 18 Europe salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
FIG. 19 Europe salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
FIG. 20 Europe salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
FIG. 21 Europe salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
FIG. 22 Europe salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
FIG. 23 Asia Pacific salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
FIG. 24 Asia Pacific salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
FIG. 25 Asia Pacific salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
FIG. 26 Asia Pacific salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
FIG. 27 Asia Pacific salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)
FIG. 28 RoW salicylic acid demand, volume and revenue, 2012 – 2019 (Tons) (USD Million)
FIG. 29 RoW salicylic acid demand in pharmaceuticals, 2012 – 2019 (Tons) (USD Million)
FIG. 30 RoW salicylic acid demand in skincare, 2012 – 2019 (Tons) (USD Million)
FIG. 31 RoW salicylic acid demand in haircare, 2012 – 2019 (Tons) (USD Million)
FIG. 32 RoW salicylic acid demand in other applications, 2012 – 2019 (Tons) (USD Million)

List of Tables

TABLE 1 Salicylic acid: Global snapshot
TABLE 2 Drivers for salicylic acid market: Impact analysis
TABLE 3 Restraints for salicylic acid market: Impact analysis

Enquiry Before Buying


Free Market Analysis


Salicylic acid is a colorless, crystalline substance and has pain relieving and anti-inflammatory properties. Majority of the salicylic acid produced is used as a key ingredient in the manufacture of aspirin. In addition, salicylic acid helps in curing various skin ailments including blemishes, acne, psoriasis and dandruff among others. Preservatives in food, intermediate in the manufacture of chemicals and fragrances are other uses of salicylic acid. Growth of the global skincare and haircare market is expected to drive the demand for salicylic acid, as more and more consumers are becoming increasingly aware of benefits of salicylic acid for skin and hair. In addition, growing demand for aspirin on account of its medicinal benefits on health coupled with increasing awareness regarding general well-being among consumers is expected to augment the demand for salicylic acid over the next few years. However, growing concerns regarding the side-effects of exposure to salicylic acid through excessive consumption or excessive external application such as blistering of skin, intoxication and irritation of stomach lining is expected to hamper the growth of the market. Research studies proving the reduced risks of dementia, strokes and Hughes Syndrome among patients is expected to open new opportunities for the growth of the market in the next few years. 

Pharmaceuticals was the largest application segment present within the salicylic acid market and accounted for over 50% of the total demand in 2012 as salicylic acid has been primarily used as a key ingredient in the manufacture of aspirin and as an additive in various other drugs and ointments. The growth of the global pharmaceutical market on account of initiatives by various national governments coupled with rising awareness regarding general well-being among consumers is expected to fuel the demand for salicylic acid over the next few years. However, skincare is expected to witness the fastest growth within the salicylic acid market over the next few years closely followed by haircare. 

Demand for salicylic acid was highest in North America followed by Europe in 2012, together accounting for over 60% of the market. Prevalence of a large skincare and haircare in this regions resulted in a high demand for salicylic acid. In addition, presence of a large pharmaceutical industry led to an elevated demand for salicylic acid. Asia Pacific is expected to witness the fastest growth in terms of demand for salicylic acid within the forecast period due to the growing pharmaceutical, skincare and haircare market. Changing lifestyles and growing awareness regarding healthy skin and hair among consumers present in Asia Pacific, is expected to drive the skincare and haircare market. Furthermore, increasing consumer awareness regarding the benefits of salicylic acid on skin and hair is expected to augment its demand in skincare and haircare products. Moreover, growth of the pharmaceutical market due to growing ageing population, government initiatives and rising awareness regarding general well-being among consumers is expected to fuel the demand for salicylic acid, as it forms a vital ingredient of several drugs and ointments.

global-salicylic-acid-market-volume-share-by-application-2012-and-2019
 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research